Restoring confidence: The twin tower skyscraper headquarter offices of Deutsche Bank AG stand at night in Frankfurt, Germany. Cryan is seeking to restore investor confidence as mounting legal costs and restructuring charges undermine earnings and capital. – Bloomberg
Deutsche Bank CEO dispels talk lender thinking of selling the division
LONDON: Deutsche Bank AG chief executive officer John Cryan said the asset-management business will remain an “essential part” of the company, responding to media reports that the German lender is considering selling the division to shore up its capital.
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